Printed from http://www.electronista.com

Retailers complain to states about Walmart advertising

updated 12:18 pm EST, Fri January 4, 2013

Best Buy singles out iPhone 5 sale

A number of retailers, including Best Buy and Toys R Us, have complained to attorney generals in several states about Walmart advertising practices, the Wall Street Journal reports. The complaints generally argue that Walmart is using inaccurate pricing or non-equivalent products to lay claim to the lowest prices. Best Buy, though, has specifically singled out problems with a Walmart iPhone 5 sale.

The retailer claims that it lost about $65,000 in profit when the Walmart promotion hit Facebook, since it was forced to pricematch when asked. More importantly Best Buy suggests that Walmart didn't have enough iPhones in stock to meet demand, naturally forcing customer overflow to the competition. Walmart insists that it in fact had 98 percent availability at its stores, and cooperated with Apple to ensure a good supply. At the same time, it says that the promotion was a first-come-first-served deal with no rainchecks where stock did run out.

Best Buy, Walmart, and RadioShack all launched aggressive iPhone 5 sales within weeks of each other, trying to maximize holiday numbers. Third-party vendors typically carry a tiny amount of iPhones next to Apple Stores, though, redirecting a lot of traffic in Apple's direction.



By Electronista Staff
toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Asus Chromebook C300

When Chromebooks hit the market back in 2011, consumers didn't know what to do with them. The low-cost laptops, powered by Google's Ch ...

Plantronics BackBeat Pro Bluetooth headphones

Looking for a pair of headphones that can do everything a user requires is a task that can take some study. Trying to decide on in-ear ...

Lemur BlueDriver

"Oh no, the check engine light is on…again! What one of the hundreds of reasons could it be this time? Probably going to cost a fort ...

Sponsor

toggle

Most Commented

 
toggle

Popular News